ZTO Express

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http://www.zto.com/
ZTO Express
Type Public
Industry Logistics
Founded 2002
Headquarters Shanghai, Shanghai
Key people Meisong Lai(Founder&CEO), Jilei Wang(Director), James Jianmin Guo(CFO)[1]
Investors Hillhouse Capital Group, Warber Pincus, Sequioa Capital[2][3]

ZTO Express is a express delivery company in China and one of the largest express delivery companies globally, in terms of total parcel volume in 2015, according to the iResearch Report. ZTO provides express delivery service as well as other value-added logistics services through its extensive and reliable nationwide network in China covering over 96% of China’s cities and counties as of June 30, 2016. ZTO is both a key enabler and a direct beneficiary of China’s fast-growing e-commerce market, and has established itself as one of the largest express delivery service providers for millions of online merchants and consumers transacting on leading Chinese e-commerce platforms, such as Alibaba and JD.com. Globally, ZTO provides delivery services in key overseas markets through its business partners as it expands coverage of international express delivery by collaborating with international industry players.[4]

ZTO operates a highly scalable network partner model, which the Company believes is best suited to support the significant growth of e-commerce in China. The Company leverages its network partners to provide pickup and last-mile delivery services, while controlling the mission-critical line-haul transportation and sorting network within the express delivery service value chain. . ZTO claims operational efficiency through centralized control and management of 74 sorting hubs and a fleet of over 3,300 trucks, route planning and optimization, as well as the Company’s proprietary waybill tracking system and transportation management system.[5]

History

  • September 22, 2014, ZTO Express launches Europe delivery service.[6]
  • January 2015, ZTO Express announced that the company had hired Zhong Zhanrong, former Asia-Pacific trans-shipment director of United Parcel Service of North America Inc, as the company's vice-president.[7]
  • July 5, 2016, ZTO Express reportedly plans Hong Kong IPO.[8]
  • October 19, 2016, ZTO Express expected the largest IPO in the U.S. this year, also the biggest U.S. IPO by a Chinese company since the $25 billion public market debut of e-commerce giant Alibaba Group in 2014.[9]
  • October 26, 2016, ZTO Express announced that it has priced its IPO of 72,100,000 American depositary shares (ADS) at US$19.50.[10]
  • October 27, 2016, ZTO Express announced that it raised $1.4 billion in the biggest U.S. IPO of 2016.[11]
  • October 28, 2016, ZTO Express stumbles in its NYSE debut after raising $1.4B in IPO.[12]

Controversies

Top 5 Recent Tweets

DateAuthorComment
October 04, 2022marketvultureStock Picks - ZTO EXPRESS (CAYMAN) INC. - Trading status for the stock ZTO has changed to "SELL"
October 01, 2022fundamentalsbotZTO Express (Cayman) Inc's quarterly revenue growth rate YoY of 18.20% ranked 1686 out of 5755 companies in our dat… https://t.co/UU4sn44Na2
September 29, 20222iqresearch#Form144 filed at two firms on Sep 27 ZTO EXPRESS CAYMAN INC's Found/CB/CEO - Meisong Lai plans to sell $ZTO… https://t.co/AQO9vWWo6k


Top 5 Recent News Headlines

Top 5 Lifetime Tweets

Top 5 Lifetime News Headlines

  1. http://ir.zto.com/management
  2. http://www.warburgpincus.com/investments/zto-express/
  3. https://www.sequoiacap.com/china/en/companies/zto-express/
  4. https://www.crunchbase.com/organization/zto-express#/entity
  5. http://www.marketwatch.com/story/5-things-to-know-about-the-largest-ipo-of-the-year-chinas-zto-express-2016-10-25
  6. http://www.scmp.com/business/companies/article/1597691/alibaba-partner-zto-express-launches-europe-delivery-service
  7. http://www.china.org.cn/business/2015-03/09/content_34995825.htm
  8. http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=240529280
  9. https://www.thestreet.com/story/13857701/1/zto-express-one-of-alibaba-s-largest-shippers-has-great-timing-for-u-s-listing.html
  10. http://ir.zto.com/2016-10-26-ZTO-Announces-Pricing-of-Initial-Public-Offering
  11. http://fortune.com/2016/10/27/china-zto-express-ipo/
  12. https://techcrunch.com/2016/10/27/chinas-zto-express-stumbles-in-its-nyse-debut-after-raising-1-4b-in-ipo/

Verification history

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